Historical Price Inflation for Tenants' and household insurance

Prices for Tenants' And Household Insurance, 1999-2018 ($20)

According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were
47.20% higher
in 2018 versus 1999.

Between 1999 and 2018:Tenants' and household insurance experienced an average inflation rate of 2.06% per year.
This rate of change indicates significant inflation.
In other words, tenants' and household insurance costing $20 in the year 1999 would cost $29.44 in 2018 for an equivalent purchase.
Compared to the overall inflation rate of 2.13% during this same period, inflation for tenants' and household insurance was
lower.

In the year 1999: Pricing changed by 1.58%,
below the average yearly
change for tenants' and household insurance during the 1999-2018 time period.
Compared to inflation for all items in 1999 (2.19%), price inflation for tenants' and household insurance was
lower.

Price Inflation for Tenants' and household insurance since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing:
2003 (5.60%),
2014 (4.80%),
and 2010 (3.45%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance:

How to calculate the inflation rate for tenants' and household insurance, 1999-2018

Start with the inflation rate formula:

CPI in 2018 / CPI in 1999* 1999 USD value = 2018 USD value

Then plug in historical CPI values from above. The CPI for Tenants' and household insurance was 101.338 in the year 1999 and 149.165 in 2018:

149.165 / 101.338* $20 = $29.44

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1999 has the same "purchasing power" as $29.44 in 2018 (in the category of Tenants' and household insurance).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Tenants' and household insurance in 1997. In addition to tenants' and household insurance, the index produces monthly data on changes in prices paid by urban consumers for a variety of other goods and services.